Business Electric News LG is stepping into the EV charging business with AppleMango majority stake acquisition Korean tech conglomerate LG is starting to make strides in the EV… Guntas SinghJune 27, 20222 minute read
Business Global News Zendesk agrees for private equity acquisition at $10.2Bn in all-cash deal After a drama-ridden journey that spanned the course of several months, the… Soumyadeep SarkarJune 25, 20222 minute read
Business Enterprise News Startups Pine Labs acquires API Infrastructure firm Setu for $70-75 Mn Ahead of its plans to expand into the United States, Pine Labs… Guntas SinghJune 24, 20222 minute read
Business Culture & Policy News Netflix lays off (again), taking total layoffs to nearly 450 Instances of companies laying off employees to survive tough market conditions this… Soumyadeep SarkarJune 24, 20222 minute read
Business News Uber refutes reports of company’s plans to exit India Responding to a report by Bloomberg claiming Uber had discussed shutting shop… Guntas SinghJune 23, 20222 minute read
Business Global News Musk says Tesla’s factories in Texas and Berlin are “gigantic money furnaces”, losing billions Tesla, Elon Musk’s electric vehicle company, had opened two new car factories… Soumyadeep SarkarJune 23, 20222 minute read
Business Google Internet News Twitter’s board unanimously recommends $44Bn Elon Musk buyout to shareholders The saga of the multi-billion-dollar acquisition of popular micro-blogging site Twitter finally… Soumyadeep SarkarJune 21, 20222 minute read
Business News SEBI hits Reliance with fine for improper disclosure of Facebook-Jio deal Reliance Industries, one of India’s most pervasive business behemoths, have been fined… Soumyadeep SarkarJune 21, 20222 minute read
Business News Mastercard’s ban lifted, allowed to onboard new customers in India Nearly a year ago, on July 22, 2021, the Reserve Bank of… Soumyadeep SarkarJune 17, 20222 minute read
Business Global News Spotify to slow down recruitment by 25% The list of companies, specially in tech, that are laying off employees… Soumyadeep SarkarJune 16, 20222 minute read
Business News Startups upGrad’s valuation doubles as it picks up $225Mn in latest fundraise The pandemic was instrumental in ensuring that online education rose to prominence… Soumyadeep SarkarJune 16, 20222 minute read
Business Gadgetry News Startups Carl Pei’s ‘Nothing’ gets $200Mn backing, teases debut smartphone launch Carl Pei’s Nothing has bagged a $200Mn backed by Alphabet’s venture arm EQT Ventures and Apple’s Tony Fadell for its debut smartphone launch. Guntas SinghJune 15, 20222 minute read
Business Crypto News Amid crypto meltdown and hiring freeze, Coinbase to lay off 18% of its global workforce The crypto winter has been hard for crypto enthusiasts, cryptocurrencies, and crypto… Soumyadeep SarkarJune 14, 20222 minute read
Business Culture & Policy Internet News Meta has former COO Sheryl Sandberg under review for personal use of corporate resources Meta Platforms Inc., (formerly facebook), tends to struggle to make headlines for… Guntas SinghJune 13, 20222 minute read
Business News Reliance owned Viacom18 bags IPL digital streaming rights for $2.6Bn, Disney’s Star India gets India TV rights for $3Bn The IPL is the golden egg of the BCCI – unarguably the… Soumyadeep SarkarJune 13, 20222 minute read
Business Internet News On media rights auction Day 1, IPL receives bids worth $5.5Bn, digital streaming at $2.27Bn Cricket is not just a game, it is indeed nothing short of… Soumyadeep SarkarJune 13, 20223 minute read
Business News Startups Snapdeal, Unicommerce, and Stellaro consolidated under one, ‘AceVector’ group India’s multi-billion-dollar retail industry (slated to reach nearly $2 trillion by 2030)… Soumyadeep SarkarJune 13, 20223 minute read
Business News Amazon backs out of mega IPL media rights race: Report Amazon has reportedly removed itself from contention for media and streaming rights… Guntas SinghJune 10, 20222 minute read
Business China Electric News Tesla cancels three online hiring events for China scheduled in June A week after Elon Musk directed company executives to pause all hiring… Guntas SinghJune 10, 20221 minute read
Business Futurism Internet News Meta has reportedly scaled back plans for its AR glasses, won’t be launching the first version by 2024 Earlier, Facebook parent Meta had announced that it was pouring in billions… Soumyadeep SarkarJune 10, 20222 minute read
Business News Startups Venture Capital CRED valued at $6.4Bn in GIC led Series F round Serial entrepreneur Kunal Shah’s brainchild CRED, the popular credit card bill payment… Guntas SinghJune 9, 20222 minute read
